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This Eerie Fractal Shows Why Bitcoin's Price Could Soon Crash By 20%
01/25/2020 06:00
Over the past week, Bitcoin (BTC) has started to show signs of weakness after a 40% uptrend in a month. Since establishing a $9,200 multi-month around seven days ago, the price of the leading digital asset has plummeted by 11% to $8,200, where it trades as of the time of writing this. Although the price... The post appeared first on NewsBTC.
Massive 66% Rally in Ripple's XRP Hinges On This Key Level
01/25/2020 04:00
XRP didn't have the best of years in 2019. In a year when effectively all assets posted jaw-dropping gains — Bitcoin gained 95%, the S&P 500 rallied by over 30%, gold posted an approximate 20% gain — the third-largest cryptocurrency plunged 50%. In fact, all altcoins performed really poorly, as accentuated in this experiment NewsBTC... The post appeared first on NewsBTC.
Here's Why Analysts Expect Ethereum To Surge Towards $200
01/25/2020 02:30
Over the past week, Bitcoin, Ethereum (ETH), and other leading digital assets have finally begun to stall. The price of these assets have tanked across the board, losing over 10% since the highs put in last week. Despite this, analysts are certain that the outlook for some cryptocurrencies remains bullish. Specifically, one trader recently noted... The post appeared first on NewsBTC.
$20,000: This Pattern Suggests Bitcoin Could Rally 135% in Coming Months
01/25/2020 01:00
Bitcoin has been stuck within a consolidation phase for the past several days, which was first seen when the crypto was ranging around $8,600. This was followed by a range expansion when BTC dipped to lows of $8,200 overnight before bouncing back to the mid-$8,000 region earlier today. This bout of sideways trading may not... The post appeared first on NewsBTC.
Critical Resistance: Bitcoin's Response to This Level Could Determine Its Fate
01/24/2020 23:00
Bitcoin (BTC) experienced a sharp selloff yesterday evening that led its price to dip as low as $8,200 before it found a significant amount of buying pressure that sparked a sharp movement up to highs of $8,500. BTC now appears to be trading just beneath a critical resistance level that is halting it from climber... The post appeared first on NewsBTC.
Iran Thinks It Can Outwit Trump. The Key? Bitcoin
01/24/2020 22:00
As tensions mount between the United States Trump administration and the Iran regime, the rogue state has been working on a strategy to outwit the US President and get around his economic sanctions and political pressure – and it all relies heavily on Bitcoin and cryptocurrencies. Is Iran Using Bitcoin to Outwit President Donald Trump?... The post appeared first on NewsBTC.
Crypto Market to See a Massive Injection of Capital in 2020 Due to This Covert Factor
01/24/2020 21:00
Bitcoin and the aggregated crypto markets have had a great 2020 so far, which has piqued investors' interest in the markets and has led to an increased sense of hope amongst active participants. This may be emblematic by the possibility that billions of dollars' worth of unannounced capital is close to being injected into the... The post appeared first on NewsBTC.
Legendary Trader: Current Crypto Rally Must Hold Or More Serious Correction Is Coming
01/24/2020 19:00
A legendary professional trader who famously called Bitcoin's drawdown from $20,000 to $3,000 with chilling accuracy is claiming that while things are looking bullish for the first-ever crypto asset, if any of the bullish factors he's watching changes, it could result in a much more "serious correction." Peter Brandt Highlights Bullish Bitcoin Factors But Warns... The post appeared first on NewsBTC.
Top Analyst Who Called Bitcoin's Crash to $6,000 Says This is Next
01/24/2020 18:00
Few analysts have called Bitcoin (BTC) price action over the past few months and years as well as Filb Filb. The pseudonymous trader in 2018 called the cryptocurrency's bottoming price around $3,000 and the subsequent surge. In October of last year, Filb Filb depicted in a TradingView chart that he expects BTC to surge towards... The post appeared first on NewsBTC.
Volume Precedes Price: Why an Unexpected Altcoin Crash Could Surprise Crypto Investors
01/24/2020 17:00
Top financial market analysts often live and die by the mantra that volume always precedes price, and the same is true for crypto assets like Bitcoin and the rest of the altcoin market. An indicator designed to spot early changes in volume may be signaling that although altcoins are rallying across the greater crypto market,... The post appeared first on NewsBTC.
 
 


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